FX:AUDNZD   Australian Dollar / New Zealand Dollar
467 0 15
Here on the 4h chart of AUD/NZD             we have a potential long and short opportunity.

As you can see price on the AUD/NZD             has fallen into strong structure support , which also coincides with the C leg of the Cypher Pattern at the 1.414% extension.

Depending on your trading plan and style, you could buy at market in anticipation that price will rally to the D leg of the Cypher Pattern .
A more conservative approach would be to await price to break and close below the PRZ zone at which point would indicate price would keep falling.
Another conservative approach would be to await a rally to the D leg of the Cypher Pattern before getting short.

I feel both the aggressive and conservative approach are plausible, but always trade your plan.

Anymore information don't hesitate to contact me.

Have a great trading week.
Website: http://www.HallandCoTrading.com
Instagram: http://www.Instagram.com/HallandCoTrading
Twitter: http://www.Twitter.com/Tom_H_Official
Facebook: http://www.Facebook.com/HallandCoTrading
StockTwits: http://www.StockTwits.com/TomHall
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out